In this turbocharged economy, more people are looking to relocate nationwide in search of better job opportunities, lower tax havens and places that offer their families a better quality of life.

To help you determine which states are currently the most affordable — based on cost of living, the price of housing, energy, food prices and other prices of goods and services — one can turn to CNBC's exclusive annual America's Top States for Businessstudy.

The cost of living in the U.S. varies widely from state to state. In urban areas, especially, the cost of housing, food, taxes and other expenses can be exorbitant. In other areas your dollar can go a long way. A state with a low cost of living can be a great draw for companies looking to attract workers. That is why Cost of Living is one of the 10 categories of competitiveness in our rankings.

We score all 50 states based on an index of items ranging from groceries to housing. These are the 10 states where your money goes the furthest, along with average prices for some basic items in each state's most expensive area. Price data is based on the 2018 Annual Average Cost of Living Index by the Council for Community and Economic Research.

10. Wyoming

Wyoming, Shell, The Hideout Guest Ranch, cow-boy, Tom

Sylvain CORDIER | Gamma-Rapho | Getty Images

You may feel more at home on the range than indoors here in the Cowboy State, but you can rent a two-bedroom apartment in Laramie for just $861 per month. That is about one-third the cost in Seattle. Heck, at these prices, you might as well buy your homestead. Housing prices are dirt cheap. Expect to pay a little more than $1,000 a month in principal and interest on a 30-year fixed-rate mortgage on a mid-priced home, compared to more than $7,000 per month in New York City.

9. Indiana

Indianapolis Motor Speedway in Indianapolis, Indiana.

Robert Laberge | Getty Images

Getting around is a breeze here in the Crossroads of America, and it's a bargain as well. Gas prices are about 25% less in Indianapolis than in Bellingham, Washington. Servicing your ride is cheap as well. You will pay just $38.87 to balance a set of four tires, compared to nearly $52 in Ames, Iowa. And once you get to where you are going, you are sure to like the prices. A movie ticket will cost you about $11, compared to more than $14 in Chicago.

8. Kansas

Josh Smith, 6, of Wellsville, opens his mouth for a rinse as dental assistant Kim Gabriel, top, cleans his teeth during a regular scheduled check-up

Shane Keyser | MCT via Getty Images

A Manhattan apartment for $800 per month? Sure, if it's Manhattan, Kansas. Here in the Sunflower State, you can afford to bloom and grow. At $3.79 per pound, ground beef will cost you nearly 45 percent less than in that other Manhattan in New York. A trip to the dentist in Manhattan, Kansas, will cost you about $88, compared to about $125 in the Big Apple.

6. (tie) Tennessee

Here in the Volunteer State, you won't feel like you need to work two paying jobs just to get by. Want some southern fried chicken? That whole fryer will cost you just $1.16 per pound. That compares to $2.76 in Augusta, Georgia. The oil to fry it in will cost you just $3.98 a bottle, compared to $7.40 in Brooklyn, New York.

6. (tie) Alabama

Funnel cakes are available in many flavors at the Mardi Gras celebration in Mobile, Alabama

Carol M. Highsmith | Getty Images

A five-pound sack of sugar in the Heart of Dixie will cost you under $2 in much of the state, compared to more than $3 in Glenwood Springs, Colorado. No wonder it's Sweet Home, Alabama. And if all that sugar sends you to the dentist in Montgomery, it will only cost you about $66 for the visit, or less than half the cost in San Francisco.

5. Michigan

Kayaking in Lake Superior, Isle Royale National Park

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The Great Lakes State is an outdoor paradise, so let's tally up some of the costs of a family picnic in Grand Rapids. You probably want to grill some burgers. Ground beef will cost you just $3.78 per pound. That compares to $5.17 in Reno, Nevada. A ten-ounce bag of potato chips costs around $3, or about 30 percent less than in New Haven, Connecticut. A six-pack of beer will cost you about $8, compared to more than $12 in Rochester, New York.

4. Missouri

If you are planning a visit to the Show Me State, you may want to ask a real estate agent to show you some houses while you are there. Joplin is home to the lowest real estate prices in the country—a four-bedroom home will cost you a little over $200,000. Even in more expensive parts of the state, prices are extremely affordable. Show me where else you can find grocery prices like these. Eggs are about $1.32 a dozen in Joplin. You will pay nearly twice that in Miami, at $2.61.

3. Arkansas

Produce at an Arkansas farmer's market

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You can afford to eat some healthy food here in the Natural State. Bananas are just 49 cents a pound in Jonesboro, Arkansas. A head of lettuce is about one dollar, or half the cost in Stockton, California. Okay, enough with the healthy stuff. A McDonald's Quarter Pounder with Cheese will cost you just $3.90 in Little Rock, versus $5.58 in San Francisco.

2. Oklahoma

Big house on the prairie

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People have been coming to Oklahoma to find bargains since before it was a state. Oklahoma earned its nickname—the Sooner State—during the Land Rush of 1889. That is when President Benjamin Harrison opened unassigned lands to settlers, who scrambled to get here sooner than the next guy. Today, you will have to pay for your Oklahoma home, but it is still a bargain. Ponca City is home to the lowest apartment rents in the country at $500 for a two-bedroom unit.

1. Mississippi

Young friends on summer holidays drinking wine and looking at view at rustic countryside house

wundervisuals | E+ | Getty Images

This state is so frugal, it can afford two nicknames — the Magnolia State and the Hospitality State. You will be able to offer true Southern hospitality with some of the most affordable housing in the nation. Throw some steaks on the grill. They will cost about 50% less in Jackson than they would in New York. Open up a bottle of wine for your guests. It will cost less than $10, compared to nearly $14 in Manchester, New Hampshire.2019 Cost of Living score: 50 out of 50 points (Top States Score: A+)Most expensive area:JacksonAverage home price: $275,509Half gallon of milk: $2.90Ribeye steak: $9.73Monthly energy bill: $127.10Doctor visit: $91.27